{"id":44411,"date":"2021-06-16T10:02:12","date_gmt":"2021-06-16T07:02:12","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=44411"},"modified":"2025-08-31T16:52:02","modified_gmt":"2025-08-31T13:52:02","slug":"poll-finds-majority-of-fund-managers-view-bitcoin-as-a-bubble","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/poll-finds-majority-of-fund-managers-view-bitcoin-as-a-bubble\/","title":{"rendered":"Poll finds majority of fund managers view Bitcoin as a bubble"},"content":{"rendered":"<p>81% of Bank of America survey respondents said the Bitcoin market was a bubble, despite May&#8217;s 35% drop in price. Data reported by <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-06-15\/bitcoin-is-still-being-called-a-bubble-after-may-s-35-crash\" target=\"_blank\" rel=\"noreferrer noopener\">Bloomberg<\/a>.<\/p>\n<p>Last month, 75% of respondents held that view.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"853\" height=\"548\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/1x-1-11.png\" alt=\"Poll: majority fund managers view Bitcoin as a bubble\" class=\"wp-image-139085\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/1x-1-11.png 853w, https:\/\/u1f987.com\/wp-content\/uploads\/1x-1-11-300x193.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/1x-1-11-768x493.png 768w\" sizes=\"auto, (max-width: 853px) 100vw, 853px\" \/><figcaption>Data: Bloomberg.<\/figcaption><\/figure>\n<p>Meanwhile, the survey, which records the views of 207 investors with total assets of $645 billion, found long crypto positions to be the second most in-demand after bets on rising commodity prices.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"838\" height=\"493\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/1x-1-1-1.png\" alt=\"Poll: majority fund managers view Bitcoin as a bubble\" class=\"wp-image-139086\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/1x-1-1-1.png 838w, https:\/\/u1f987.com\/wp-content\/uploads\/1x-1-1-1-300x176.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/1x-1-1-1-768x452.png 768w\" sizes=\"auto, (max-width: 838px) 100vw, 838px\" \/><figcaption>Data: Bloomberg.<\/figcaption><\/figure>\n<p>Among other points from the Bank of America survey:<\/p>\n<ul class=\"wp-block-list\">\n<li>72% of respondents said inflation is temporary;<\/li>\n<li>63% expect the Fed to signal a reduction in monetary injections into the economy in August\u2013September;<\/li>\n<li>53% of investors are confident that the stock market correction in the next six months will be less than 10%.<\/li>\n<\/ul>\n<p>Earlier, according to a Goldman Sachs survey of hedge-fund managers conducted in late May, Bitcoin proved to be <a href=\"https:\/\/u1f987.com\/en\/news\/goldman-sachs-hedge-funds-cool-on-bitcoin\">the least attractive asset<\/a> for structures oriented toward long positions.<\/p>\n<p>Subscribe to ForkLog news on <a href=\"https:\/\/vk.com\/forklogcom\" target=\"_blank\" rel=\"nofollow noopener\">VK<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>81% of Bank of America survey respondents said the Bitcoin market was a bubble, despite a 35% drop in May.<\/p>\n","protected":false},"author":1,"featured_media":44412,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1145,1138],"class_list":["post-44411","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-market-analysis","tag-opinions"],"aioseo_notices":[],"amp_enabled":true,"views":"12","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/44411","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=44411"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/44411\/revisions"}],"predecessor-version":[{"id":44413,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/44411\/revisions\/44413"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/44412"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=44411"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=44411"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=44411"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}